Bank of Ireland UK to roll out new build offering to all brokers

20 June 2018

Bank of Ireland UK announces the rollout of its new build proposition following a successful pilot.
From today, new build mortgages are available to all brokers registered to submit business with Bank of Ireland for Intermediaries. The proposition includes the Help to Buy: Equity Loan scheme and will be launching in England, Wales and London.

The new build pilot ran for eight months to allow enough time for end to end cases to complete and feedback from brokers to be evaluated to help shape the new process.

Alison Pallett, Director of Sales comments, “At Bank of Ireland UK, we’re committed to providing solutions to brokers’ needs to help them serve more customers. We’ve worked in partnership with our intermediary partners involved in the pilot to improve our criteria with regard to incentives, LTVs and affordability calculations. Plus we’ve created a dedicated new build team to deliver the specialist service we know new build requires. We’ve worked hard to develop a proposition that will benefit both brokers and their customers.”

Craig Hall, New Build Manager at Legal and General Mortgage Club says “Legal & General Mortgage Club have been delighted to assist Bank of Ireland UK with the delivery of their new build proposition. This further compliments their market offering and provides a greater choice for intermediaries and their customers.”

Notes to Editors

About Bank of Ireland UK

  • Bank of Ireland primarily operates in the UK through its wholly owned and separately incorporated subsidiary, Bank of Ireland (UK) plc, which is authorised and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

    • Supporting over 3 million UK consumers, Bank of Ireland UK comprises:

  • An established financial services partnership and foreign exchange joint venture (FRES) with the Post Office, together with c.2,500 free-to-use Bank of Ireland/Post Office ATMs, one of the largest ATM fleets in the UK.
  • A long term partnership with the AA, which brings a product portfolio of credit cards, personal loans, savings and mortgages to nearly 4 million AA members.
  • A successful UK mortgage business.
  • A highly regarded UK car and asset finance business, Northridge Finance.
  • A full service retail and commercial bank in Northern Ireland.

www.bankofirelanduk.com/about/
bankofireland4intermediaries.co.uk

For more information, contact the below:

Zoe Taylor / zoe.taylor@smartscommunicate.com/ / 0203 745 7630